Entries in LA Reid
(4)

Nino Munoz / FOX(LOS ANGELES) -- Epic Records chairman L.A. Reid will not be returning for season three of The X Factor, says The Hollywood Reporter.

The reality TV judge is quitting the Fox talent show to focus more on developing new and signed musicians.

Reid says, “I have the utmost respect for Simon Cowell. He is the very best, and I have had the opportunity to learn so much from working with him."

"Working with him on X Factor has been a once-in-a-lifetime experience," he continued. "I’m honored to have sat on a panel with such incredible talent.”

The music executive has served as an X Factor judge since the show’s inception, and is just one week away from mentoring season-two contestant Tate Stevens in the finale. At the start of the season, Reid made it clear that he wasn’t happy being given the Over 25’s group to look after.

Reid says that he will miss the show but is looking forward to “getting back to my core business and the responsibility of running Epic Records.”

It is unclear if Demi Lovato and Britney Spears will be returning for season three of The X Factor, which will air in 2013.

Interscope Records(NEW YORK) -- High School Musical star Corbin Bleu is in talks to become a co-host on Simon Cowell's upcoming show The X Factor, reports Entertainment Weekly.

Singer and past Dancing with the Stars champ Nicole Scherzinger is also reportedly close to signing on as a host. L.A. Reid will serve as one of the judges, while Cheryl Cole and Paula Abdul are reportedly in the running to join him on the panel.

The roster of talent who will star on the show needs to be locked in soon -- The X Factor is slated to begin production on May 8.﻿

Universal Latino/Universal Republic(NEW YORK) -- Now that the judges for NBC's new reality singing competition The Voice have been announced, everyone's waiting to see who Simon Cowell will tap to judge his new reality singing competition, X Factor, which premieres this fall.

A source close to Enrique Iglesias has confirmed to ABC News Radio that the singer is being courted, not just to judge the show, but to actually host it.

The source confirms that producers are looking to differentiate X Factor from American Idol and The Voice, because neither of those shows has a music superstar as a host. However, Iglesias may be more open to the idea of simply being a judge on the show, though he also may simply turn down any offer because his music career is doing so well that he wants to focus on that for the moment.

Ostensibly, X Factor would need to have its judges in place before the show begins auditions on March 27, and it seems one judge has already been locked in. According to The Hollywood Reporter, Antonio "L.A." Reid, the chairman of the Island Def Jam label, has agreed to the role, with sources saying, "It's a done deal."

Reid will reportedly be granted an early release from his contract with Island Def Jam's parent company, Universal Music, so he can take part in The X Factor. His deal with Universal Music is currently slated to run through December.

Reid is expected to be officially named an X Factor judge later this week.﻿